Sustainability as a Resource Distribution Constraint

Mircea Saveanu ()
Additional contact information
Mircea Saveanu: Alexandru Ioan Cuza University

Acta Universitatis Danubius. OEconomica, 2014, issue 10(2), 139-151

Abstract: The aim of this article is to provide a deeper analysis on the concept of sustainability. In this respect, we make use of the large body of scientific work developed hitherto on the subject. The main focus of the article is the problem of sustainable development under limited resouce constraints. The implications of our research are that sustainability cannot be a function maximization issue (regardless of what quantity would be maximized), due to the fact that sustainability is a functional dependent on three functions, all of which are heavily reliant on capital. Given the fact that capital is limited, one cannot maximize one of the functions, without minimizing another. We conclude, thusly, that sustainability is a constraint on development, at the root of which lies the problem of limited capital.

Keywords: Sustainability; capital; sustainable development; development constraints. (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://journals.univ-danubius.ro/index.php/oeconomica/article/view/2216/2089 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2014:i:2:p:139-151

Access Statistics for this article

More articles in Acta Universitatis Danubius. OEconomica from Danubius University of Galati Contact information at EDIRC.
Bibliographic data for series maintained by Daniela Robu ().